IMF sees non-performing loans in European banks at about 900 bln euros

WASHINGTON Oct 5 The International Monetary
Fund on Wednesday estimated that non-performing loans at
European banks stood at around 900 billion euros, about the same
level the institution estimated in April.

Peter Dattels, the IMF's monetary and capital markets deputy
director, called on authorities to address "inefficiencies" in
the banking system in a largely negative interest rate
environment.
(Reporting by Lesley Wroughton; Editing by Chizu Nomiyama)

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